FTUK vs TradeDay: Elite Prop Firms Comparison

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Introduction

FTUK and TradeDay are leading prop trading firms that provide traders with funded accounts to trade financial markets. FTUK (Funded Trading UK) has built a strong reputation for its transparent evaluation process and responsive customer support, earning a 4.4/5 rating on Trustpilot. TradeDay offers competitive funding opportunities with flexible trading conditions and innovative evaluation methods, maintaining a solid 4.6/5 rating on Trustpilot. Both organizations allow traders to access substantial capital without risking their own money, but they differ significantly in their assessment processes, account options, and scaling opportunities.

FeatureFTUKTradeDay
FTUK TradeDay
Founded2021-02
Profit Split50-80%50/50 below $4,000; 80/20 above $4,000; 90/10 at Funded Live
Maximum Account Size$6,400,000
Evaluation Phases21
Trustpilot Rating4.6
Expert Grade98.9
ProgramFTUKTradeDay
Entry Level ProgramOne StepYes
Advanced ProgramTwo StepYes
Scaling OptionsYesYes
Demo AccountYesYes
CriteriaFTUKTradeDay
Profit Target$10,000 gross ceiling (Quick Pay)
Maximum Drawdown5-12%$2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance
Minimum Trading Days105
News TradingYesNo
OptionFTUKTradeDay
CFD $10K AccountUSD 99 / Listed challenge / One-time
CFD $25K AccountUSD 179 / Listed challenge / One-time
CFD $50K AccountUSD 269 / Listed challenge / One-time
CFD $100K AccountUSD 499 / Listed challenge / One-time
Futures $50K AccountUSD 125 / Quick Pay Intraday / Monthly
Futures $100K AccountUSD 230 / Quick Pay Intraday / Monthly
Futures $150K AccountUSD 350 / Quick Pay Intraday / Monthly
Coupons / DiscountFTUK discountTradeDay discount
FeatureFTUKTradeDay
Trading PlatformsMatchTrader, TradeLocker, FTUK XT
ForexYesNo
StocksYesNo
IndicesYes
CommoditiesYesNo
CryptocurrenciesYesNo
BondsNo
EA/Algo TradingNo
FeatureFTUKTradeDay
Payout TermsMonthly (15th); methods: bank wire, PayPal, Skrill, crypto, Wise; min $50Minimum $250
See all prop firm payouts →
Key ElementFTUKTradeDay
StrengthsMultiple funding programs, Up to $6.4M scaling, 80% profit share, No stop loss requirement, 14-day free trialNo daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts
WeaknessesSimulated capital only, One Step starts at 50%, No MT4/MT5/TradingView, Max $100k purchasable$10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model
Best ForDisciplined traders seeking capital without personal riskFutures traders avoiding daily loss limits; transparent disclosure valued

FAQ

What makes FTUK popular among users?

FTUK has gained popularity due to its transparent evaluation process, higher profit splits (up to 80%), and no time limit on challenges. Traders appreciate their responsive customer support and comprehensive educational resources. The absence of monthly fees and clear scaling pathway to accounts up to £400,000 are also significant factors in their popularity among serious traders.

How does TradeDay differ from other similar organizations?

TradeDay distinguishes itself with its single-phase express evaluation model, which provides a faster path to funding compared to the traditional two-phase approach. They offer a wider range of trading instruments including stocks and more cryptocurrency pairs. TradeDay also provides one free reset during evaluation and supports the cTrader platform, which some traders prefer over MetaTrader.

Can I hold positions overnight with both FTUK and TradeDay?

Yes, both FTUK and TradeDay allow overnight position holding. FTUK’s swing trading account is specifically designed for this purpose with relaxed rules for position holding. TradeDay also permits overnight holding on all accounts, though they have some restrictions during high-impact news events. Weekend holding is optional with TradeDay but generally allowed with FTUK’s swing trading accounts.

What happens if I fail the evaluation with either company?

With FTUK, if you breach the maximum drawdown, you can purchase a reset to restart the current phase. They don’t offer free resets but do provide a full refund of your initial fee if you successfully pass both phases. TradeDay offers one free reset during the evaluation phase if you breach the maximum drawdown. After that, you would need to purchase a new evaluation if you fail. Neither company offers refunds for failed evaluations.

Which firm is better for beginners in prop trading?

For complete beginners, TradeDay might be more accessible due to its single-phase evaluation process and lower barrier to entry. Their free simulation account allows practice before committing financially. However, FTUK offers superior educational resources and a 7-day free trial, which can be valuable for learning. Beginners should consider starting with smaller account sizes (£10,000-£25,000) with either firm to minimize initial investment while gaining experience.

How was this 2 companies Comparison Created?

1. We Collect

Our team gathered comprehensive data directly from FTUK and TradeDay’s official websites, terms of service documents, and public announcements. We supplemented this with verified customer reviews from Trustpilot, Reddit communities, and trading forums. We also consulted with traders who have experience with both platforms to gain firsthand insights into their evaluation processes, customer service quality, and payout reliability.

2. We Examine

Our financial analysts and trading experts carefully examined all collected information, verifying key metrics such as profit targets, drawdown limits, and fee structures. We tested both platforms’ demo environments to assess execution speed, platform stability, and user experience. Our team cross-referenced all claims against verified user experiences to ensure accuracy and identify any discrepancies between advertised features and actual performance.

3. We Score

We developed a comprehensive scoring methodology that evaluates each firm across multiple categories: evaluation process fairness, profit-sharing terms, platform reliability, customer support responsiveness, educational resources, scaling opportunities, and overall value. Each category received a weighted score based on its importance to traders, with critical factors like profit splits and drawdown rules given higher priority in the final assessment.

4. You Choose

Use this comparison as your starting point, but consider your personal trading style and goals when making a decision. If you value higher profit splits and have the patience for a thorough evaluation, FTUK might be your better option. If you prefer a quicker path to funding with more instrument variety, TradeDay could be more suitable. Consider starting with smaller account sizes to test either platform before making larger commitments, and always read the full terms and conditions before signing up.

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JoinProp FTUK and TradeDay are leading prop trading firms that provide traders with funded accounts to trade financial markets. FTUK (Funded Trading UK) has built a strong reputation for its transparent evaluation process and responsive customer support, earning a 4.4/5 rating on Trustpilot. TradeDay offers competitive funding opportunities with flexible trading conditions and innovative evaluation methods, maintaining a solid 4.6/5 rating on Trustpilot. Both organizations allow traders to access substantial capital without risking their own money, but they differ significantly in their assessment processes, account options, and scaling opportunities.